23031 Sunnymead Blvd - Storefront Retail/Office FOR SALE


Moreno Valley, CA 92553
$2,600,000 USD
626-733-3598
23031 Sunnymead Blvd, Moreno Valley, CA for Sale
$2,600,000 USD
Storefront Retail/Office - FOR SALE
1/57
null | Request Cap Rate

23031 Sunnymead Blvd
Moreno Valley, CA 92553


HIGHLIGHTS

  • Prominent Signalized Intersection with Heavy Traffic Flow
  • Proximity to Retail Anchors
  • Top Employment Growth Region
  • Long Term Tenant History

OVERVIEW

PRIME RETAIL LOCATION WITH INCOME STABILITY AND VALUE-ADD POTENTIAL. Positioned at a prime signalized intersection with high visibility from the 60 Freeway, this retail property is an exceptional opportunity for investors or owner-users seeking a versatile and well-located asset. The building is a 3,612-square-foot, two-tenant, potentially three-tenant freestanding building offering flexibility and income stability. Anchored by a long-term tenant, Little Caesars Pizza occupies 1,300 square feet under a secure NNN lease through January 2028. The remaining 2,312 square feet are vacant, offering a flexible space that can remain open or be divided back into two units, depending on the future owner’s vision or business needs. The space is primed for tenant improvements, providing an excellent opportunity to tailor the layout or enhance its value through thoughtful customization. Additionally, the property offers 10 parking spaces conveniently located at the front of the site. Located directly across from the bustling Moreno Valley Mall, this property benefits from a robust retail environment, drawing over 3.5 million square feet of consumer activity in the surrounding area. The region's dense demographics include over 242,000 residents within a 5-mile radius, combined with a growing workforce and proximity to major distribution hubs like the World Logistics Center. Whether as a stable income-producing asset or a space for creative redevelopment, this property provides unmatched potential in one of Southern California’s fastest-growing markets.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$720 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Frederick St & Sunnymead Blvd Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

CROSS STREETS

Frederick St

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

C1

APN/PARCEL ID

292-250-039

ASK ABOUT THIS PROPERTY

Demetrios KitakisKitakis Realty, Inc.More Info
626-733-3598

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Demetrios KitakisKitakis Realty, Inc.More Info
626-733-3598

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.